Wake County December 2018 Market Stats

January's Market Update video for Wake County is out and it's packed with helpful information that can help you make informed real estate decisions. Here's a summary of the information covered in the video above:

During the month of December, the number of active listings was down 2% from the previous year and down 15% from November 2018. Wake County's median listing price was $420,000 and the median sold price was $340,000.

Compared to 2017, the average number of days that homes spent on the market before being sold was up 2%. Overall, the number of units sold decreased by 17% year-over-year and decreased by 7% from the previous month.

If you have any outstanding questions regarding the local real estate market, please don't hesitate to contact our Raleigh office at 919.981.6505 to be connected to one of our knowledgable and experienced real estate brokers.